Trump Media Shuts Down Report of $3B Crypto Investment Plan

Trump Media and Technology Group (TMTG), founded by President Donald Trump, has denied reports that it intends to raise $3 billion through equity and convertible bonds to invest in Bitcoin and other cryptocurrencies. The Financial Times recently claimed that Trump Media is preparing to raise the funds, citing information from six individuals said to be familiar with the discussions. In response, TMTG dismissed the report in sharply critical terms, accusing the publication of relying on unreliable sources and referring to its journalists as “dumb writers” taking cues from “even dumber sources. ” The report indicated that Trump Media was allegedly preparing The post Trump Media Shuts Down Report of $3B Crypto Investment Plan first appeared on The Shib Daily source: https://news.shib.io/2025/05/27/trump-media-shuts-down-report-of-3b-crypto-investment-plan/?utm_source=rss&utm_medium=rss&utm_campaign=trump-media-shuts-down-report-of-3b-crypto-investment-plan